Tag: public sector worker
Retirement for workers in state, county and municipal government fits a certain picture: a regular monthly pension payment awaits them. But there are important exceptions, which a recent study has filled in. A small minority of public sector workers get some or all of their retirement benefits in the form of a one-time cash payment…
The brief’s key findings are: Whether public teachers are over- or under-paid is a source of lively debate. This study sheds new light on the topic by using more accurate estimates of benefit costs. The results show that teachers earn roughly the same as similar private sector workers. However, given cuts to pension benefits for…